HomeMy WebLinkAbout18348 - RESOLUTIONS - 3/9/1994 RESOLUTION NO. 18348
OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA AMENDING
THE BUDGET FOR THE 1993-94 FISCAL
YEAR
' WHEREAS, Resolution 18129, approving the budget for the fiscal
year 1993-94 was adopted on June 23, 1993; and
WHEREAS, the City Manager has recommended, and the City
Council desires to approve, certain amendments to said budget;
NOW, THEREFORE, BE IT RESOLVED, that the Director of Finance
is authorized to record inter-fund cash transfers as required in
accordance with this Resolution, and that Resolution 18129,
adopting the budget for the 1993-94 fiscal year is hereby amended
as follows:
SECTION 1. ADDITIONS
FUND ACTIVITY ACCOUNT AMOUNT
No. 161 0496 7890 $1. 15 Million
Caaital
Title: Pro 'ects Land Acquisition T ain Station
Purpose: Construction of train station and Land Acquisition.
SECTION 2. SOURCE Loan from WWTP fund for 30 years at 5% annual
interest. Annual debt service is $72,533 .
FUND ACTIVITY ACCOUNT AMOUNT
No. 342 118 $1. 15 Million
Wastewater Treat-
Title: ment Plant Notes Receivable
ADOPTED this 9th day, of March , 1994.
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST: CT Y OF PALM SPR CALIFORNIA
By
City Clerk y anag r
REVIEWED & APPROVED
Z/x